VIP Industries has received approval to issue of principal protected, secured, rated, listed, redeemable, non-convertible, market-linked debentures (NCD's) on private placement basis in one or more tranches/ series/ types aggregating upto Rs 100 crore.
The Board of Directors at its meeting held on July 9, 2020 has approved and issued the same.
VIP Industries is engaged in the manufacturing of hard luggages and soft luggages. The company operates through two segments - Luggage, Bags & Accessories, and Furniture.
